Welltech Funding will make available to selected companies a minimum investment of $50,000, plus office space (including phones and utilities).
Welltech Funding was formed by the CEO of SpaFinder, Inc., and participating companies have the potential to take advantage of SpaFinder, Inc., the world’s largest spa and wellness marketing company.
Through this affiliation, SpaFinder will provide invaluable marketing support in the form of positioning on SpaFinder.com and, when applicable, both B2B and B2C database marketing. SpaFinder’s CEO and other of its senior executives will provide additional support to help accelerate acceptance and growth in the marketplace.
SpaFinder currently partners with more than 12,000 spa and wellness properties. These companies are listed on SpaFinder.com and, as a result, are listed in the company’s online directory/search results, receive online bookings, and are able to accept SpaFinder Gift Certificates. SpaFinder.com currently receives visits from more than 15,000 unique health-and-wellness-oriented consumers a day. SpaFinder has a rapidly growing opt-in consumer database of more than 500,000-targeted spa and wellness consumers. During peak gifting seasons, SpaFinder’s web traffic virtually doubles from these numbers.
The mission of Welltech Funding is to grow the best and brightest health and wellness technology companies
Launched in January 2012, Welltech Funding is the first business accelerator with the express goal of nurturing, developing and successfully bringing to market companies that are innovating the most important, highest-potential and consumer-focused health and wellness solutions. The unique aspect of Welltech Funding is its affiliation with SpaFinder, Inc., an industry leader in health and wellness.
The $2 trillion global wellness market is poised for further explosive growth, as hundreds of millions of consumers now aggressively seek new, smarter, health and wellness solutions and alternatives to combat the high cost and limited scope of “traditional healthcare.”
Coupled with a growing global interest in wellness, Welltech Funding’s focus is right on target: a) identifying companies developing the most promising health and wellness technologies, platforms and tools; b) providing them with a strong, collaborative, entrepreneurial support network, seed capital and receptive consumer audiences; and c) fostering rapid growth from a company with “great promise” to one with “great profits.”
However, when we discover a company that fulfills a strong consumer need or business benefit, we occasionally step outside of our normal investment guidelines.